Common use of Combinations and Split-ups of Receipts Clause in Contracts

Combinations and Split-ups of Receipts. The Depositary, subject to the terms and conditions of this Deposit Agreement, shall upon surrender of a Receipt or Receipts for the purpose of effecting a split-up or combination of such Receipt or Receipts, execute and deliver a Receipt or Receipts (and in the case of a European Depositary Receipt or Receipts, with all coupons not previously designated by the Depositary for surrender and talon attached) for the number of Depositary Shares requested, evidencing the same aggregate number of Depositary Shares as the Receipt or Receipts so surrendered. American Depositary Receipts shall be surrendered for combination and split-up at the Corporate Trust Office in New York City and American Depositary Receipts issued as a result of such transactions shall be delivered at such office. European Depositary Receipts shall be surrendered for such purposes at the Principal Office in London or at the office of a Subdepositary and European Depositary Receipts issued as a result of such transactions shall be delivered at such office.

Combinations and Split-ups of Receipts. The Depositary, subject to the terms and conditions of this Deposit Agreement, shall upon surrender of a Receipt or Receipts for the purpose of effecting a split-up or combination of such Receipt or of Receipts, execute and deliver a Receipt or Receipts (and in the case of a European Depositary Receipt or Receipts, with all coupons not previously designated by the Depositary for surrender and talon attached) for the number of Depositary Shares requested, evidencing the same aggregate number of Depositary Shares as the Receipt or Receipts so surrendered. American Depositary Receipts shall be surrendered for combination and split-up at the Corporate Trust Office in New York City and American Depositary Receipts issued as a result of such transactions shall be delivered at such office. European Depositary Receipts shall be surrendered for such purposes at the Principal Office in London or at the office of a Subdepositary and European Depositary Receipts issued as a result of such transactions shall be delivered at such office.